Sequoia Financial Advisors LLC Boosts Stake in Vanguard Short-Term Bond ETF $BSV

Sequoia Financial Advisors LLC raised its stake in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 15.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,378,481 shares of the company’s stock after purchasing an additional 450,453 shares during the quarter. Vanguard Short-Term Bond ETF accounts for about 1.5% of Sequoia Financial Advisors LLC’s holdings, making the stock its 14th biggest holding. Sequoia Financial Advisors LLC owned approximately 0.60% of Vanguard Short-Term Bond ETF worth $264,907,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in Vanguard Short-Term Bond ETF during the fourth quarter valued at approximately $25,000. IFC & Insurance Marketing Inc. bought a new stake in Vanguard Short-Term Bond ETF in the 4th quarter worth $26,000. Colonial Trust Advisors bought a new position in Vanguard Short-Term Bond ETF during the 4th quarter valued at approximately $30,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Vanguard Short-Term Bond ETF in the 4th quarter worth approximately $31,000. Finally, Blueline Advisors LLC bought a new position in shares of Vanguard Short-Term Bond ETF during the fourth quarter valued at approximately $31,000.

Vanguard Short-Term Bond ETF Stock Performance

Vanguard Short-Term Bond ETF stock traded down $0.04 during trading hours on Friday, hitting $77.60. 1,572,250 shares of the stock traded hands, compared to its average volume of 2,830,977. Vanguard Short-Term Bond ETF has a one year low of $77.50 and a one year high of $79.32. The firm’s 50-day moving average price is $77.85 and its two-hundred day moving average price is $78.37.

About Vanguard Short-Term Bond ETF

Vanguard Short-Term Bond ETF (the Fund) seeks to track the performance of a market-weighted bond index with a short-term, dollar-weighted average maturity. The Fund employs a passive management or indexing strategy designed to track the performance of the Barclays Capital U.S. 1-5 Year Government/Credit Bond Index (the Index). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities of between 1 and 5 years and are publicly issued.